What will be bitcoin's dominance at year end 2021?

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§ Judgement rule

How will the final result of the question be determined?

The question will be judged by bitcoin's percentage of total crypto market capitalisation according to CoinMarketCap at year-end 2021 UTC. For reference, dominance was 70.5% at year-end 2020. https://coinmarketcap.com/charts/
Reference date: Dec. 31, 2021, 24:00 UTC

Answer options

Widget Price
 0 - 50%
21.48 %
 50 - 60%
20.52 %
 60 - 65%
15.32 %
 65 - 70%
16.32 %
 70 - 75%
13.90 %
 75 - 80%
2.63 %
 80 - 90%
8.20 %
 90 - 100%
1.59 %

Price trend

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Wiki article

Edit

In the bull market at the end of 2020, Bitcoin has gained share of total crypto market capitalisation, closing at 70.5%. For bitcoin maximalists or for those who invest in bitcoin for diversification, this is seen as a good sign. After all, money does have a network effect, its utility grows with its general acceptance, so the winner will take it all.

Bitcoin dominance index 31 December 2020 - Copyright: Screenshot Coinmarketcap However, it is still very early in the age of cryptocurrencies. Bitcoin is still neither unit of accont nor a value store really. New cryptocoins may be devised with better fundamental properties which could push bitcooin dominance back to the 50% or even 40% levels of mid 2017 when Ethereums prospects seemed bright. Or below.

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Question owner:
Hubertus Hofkirchner
Moderator:
Helene Meier
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